Home » Hollywood » 1010 S Federal Hwy, Hollywood, FL 33020 | A11507789

Hotel/motel For Sale 1010 S Federal Hwy, Hollywood, FL 33020

$8,000,000

Property Highlights

Listing ID A11507789 Status of this Listing: Active For Sale Property Type Commercial Sale Hotel/motel Building Area 12,211 Sqft/1134.44 m2 approx. Lot area 21,058 Sqft/1956.35 m2 approx. Year Built 1955 Time of this property on Rebonus 344 Day(s)

1010 S Federal Hwy, Hollywood, FL 33020

Property Description: Welcome to an outstanding investment opportunity located in Hollywood. This property features a 30-room hotel, currently in operation and delivering an impressive return of 7.6%. Its distinctive Art Deco style adds a touch of timeless elegance to the vibrant surroundings. In addition to the 30 rooms, it has an impressive swimming pool, two storage rooms and new roof. Strategically located on S Federal Highway, this property benefits from high visibility and accessibility, making it an attractive destination for both business and leisure travelers. Close to Arts park, restaurants, shops, bars, clubs and 5 minutes away from the beach. Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.

Commercial Sale Hotel/motel For Sale located at 1010 S Federal Hwy Hollywood FL 33020 in Broward referenced as ID MLS # A11507789. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$8,000,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Levels:Two
Structure Type:
  • Hotel/motel
Stories:2

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$76,752

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code42
Ref1054102651
Subdivision Number10

Zoning and Legal

Tax Legal Description:HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO N/L & TANG TO LINE 7
Real Estate Folio Number (Parcel Number):514222102100
Zoning Description:FH-2
Public Survey Township:42
Public Survey Range:51
Public Survey Section:22

Listing History

Update/EventDate/Days
Published Date:January 4, 2024 1:14 pm
On Market Date:January 4, 2024
Price Change Date Time:January 3, 2024 12:49 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 4, 2024 1:14 pm
Status Last Changed:January 4, 2024 1:14 pm
Photos Last Modified:January 4, 2024 6:32 pm
Last Modified:November 4, 2024 1:56 am
Days on the Market Reference Date:November 4, 2024
Days on the Market (updated on Last Modified*):304
Cumulative Days on the Market (updated on Last Modified**):304

Additional Information

Number of Photos:23
Location:,,
Included:,,
Area:3030
Automated Valuation Display:Yes
Courtesy of:Beachfront Realty Inc
Universal Property Id:US-12011-N-514222102100-R-N

Location

Show Property Address:Yes
Street Name:Federal Hwy
Street Number:1010
Street Direction Prefix:S
Street Address:1010 S Federal Hwy
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward
Full Address:1010 S Federal Hwy, Hollywood, FL 33020
Latitude:N26° 0' 10.3''
Longitude:W81° 51' 24.6''

Neighborhood

Postal City:Hollywood

Property Map